Closing a home loan involves key steps like retrieving original documents, obtaining a No Dues Certificate, removing liens, updating the Non-Encumbrance Certificate, and checking your credit report. This ensures a smooth transition to full homeownership.
SBI offers plot loans up to Rs. 15 crore with competitive interest rates and a maximum repayment term of 10 years. Interest rates vary based on CIBIL score & other factors. Specific eligibility criteria and documentation are required.
Debunking common home loan myths in India. Understanding credit scores, interest rates, loan tenures, and fixed vs. floating rates empower borrowers to make informed decisions.